Pig prices are hovering at a low level, and the breeding end reduces costs and stabilizes production capacity

Pig prices have fluctuated at a low level since July 2021, which is good for consumers, but also puts pressure on farms (households)

Under the current background of falling pork prices, what measures can the farming end take to cope with the pressure and stabilize its own production capacity? In this regard, the reporter interviewed relevant experts, leading pig enterprises and small and medium-sized farmers

Pork supply remains ample in the short term

According to data from the Ministry of Agriculture and Rural Affairs, pork prices have declined for 6 consecutive weeks.

"The fundamentals of supply and demand of live pigs have not changed, and it is expected that the price of pigs will remain weak in the next two months

In his view, the current loose supply situation is related to the high pig inventory at the end of 2021

The current production capacity adjustment at the breeding end determines the fundamental improvement of supply and demand in 2023

Leading pig enterprises save costs, increase efficiency and stabilize production capacity

"Short-term price fluctuations will not cause large-scale enterprises to make major adjustments to production capacity

It is understood that the cost of pig breeding is mainly composed of feed, labor and epidemic prevention and control costs

For leading pig enterprises, extending the industrial chain and promoting industrial transformation is the long-term way to achieve high-quality development

Large households participate in "insurance + futures" to lock income

This round of pig raising profits has fluctuated, so that more and more small and medium-scale farmers have a sudden increase in the demand for price risk management

"Stabilizing the overall pig production capacity and avoiding the ups and downs of pig prices are the common aspirations of our pig farmers

"The compensation level of live pig insurance in the past was low, but the 'insurance + futures' project can increase the income security level of farmers to more than 80%

The basic income is locked, and pig raising will be more confident

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